
Lebanese Businesses Reject Proposed 3% Tax
This is Beirut, 11:40 - Reading : 2 minute(s)
Lebanese business organizations voiced strong opposition on Monday to a proposed 3% tax outlined in Article 31 of the 2026 draft budget, describing it as illogical, inflationary, and punitive for compliant companies in a country where the informal economy thrives. Officially framed as an advance on income tax, the measure, business leaders warn, ...